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Gerber Collision & Glass | Corp Guarantee 2828 Jordan Ln NW 7,057 SF 100% Leased Retail Building Huntsville, AL 35816 $1,000,000 ($141.70/SF) 7.20% Cap Rate
Investment Highlights
- RENTAL INCREASES – The lease features 5% rental escalations throughout all four 5-year option periods, providing a hedge against inflation.
- CORPORATE GUARANTEE – This location is operated by the Boyd Group and backed by a corporate guarantee, providing added financial stability.
- HIGH TRAFFIC AREA – The property benefits from excellent visibility along the Ardmore Hwy, a major thoroughfare in the area.
- LARGE LOT – Situated on two adjacent parcels totaling 1.28-acres, the site offers exceptional visibility, easy accessibility, and ample space.
- STRONG RETAIL SYNERGY – The property is surrounded by nationally recognized retailers, including O'Reilly Auto Parts, AutoZone, Chick-fil-A, and Aldi
- MARKET DOMINANT AUTO REPAIR – Gerber Collision has been in business for more than 85 years, operates 800+ locations, and has aggressive expansion plan
Executive Summary
Prime Net Lease is pleased to present an exceptional opportunity to acquire the fee simple interest in a corporately guaranteed Gerber Collision & Glass located in Huntsville, Alabama. Built in 1979, this 7,057-square-foot facility sits on a substantial 1.28-acre site comprised of two adjacent parcels, offering excellent visibility, accessibility, and long-term operational flexibility. This asset is ideal for investors seeking stable income, minimal management responsibilities, and strong tenant credit.
The property is secured by a Double Net (NN) lease with the Boyd Group and features 2.5 years remaining on the current term. The lease includes four 5-year renewal options, each providing 5% rental increases throughout the option periods—ensuring reliable income growth and enhancing the long-term value of the investment.
Strategically positioned along Ardmore Highway, a well-traveled arterial roadway in Huntsville, the site benefits from strong traffic counts, consistent consumer draw, and excellent street visibility. The property’s sizable lot footprint and dual-parcel configuration create an attractive foundation for continued tenant success or potential future redevelopment.
Located within a thriving commercial corridor, the property is surrounded by major national retailers such as O’Reilly Auto Parts, AutoZone, Chick-fil-A, Aldi, Trader Joe’s, and Sam’s Club. This high-profile retail synergy reinforces the strength of the location and further supports long-term tenant demand.
As one of the nation’s leading auto repair operators—with 85+ years in business and more than 800 locations—Gerber Collision continues to demonstrate strong brand resilience and aggressive expansion across the U.S. Coupled with a corporate guarantee from the Boyd Group, this offering delivers a compelling combination of tenant credit, passive income, and strategic real estate fundamentals in one of Alabama’s fastest-growing markets.
The property is secured by a Double Net (NN) lease with the Boyd Group and features 2.5 years remaining on the current term. The lease includes four 5-year renewal options, each providing 5% rental increases throughout the option periods—ensuring reliable income growth and enhancing the long-term value of the investment.
Strategically positioned along Ardmore Highway, a well-traveled arterial roadway in Huntsville, the site benefits from strong traffic counts, consistent consumer draw, and excellent street visibility. The property’s sizable lot footprint and dual-parcel configuration create an attractive foundation for continued tenant success or potential future redevelopment.
Located within a thriving commercial corridor, the property is surrounded by major national retailers such as O’Reilly Auto Parts, AutoZone, Chick-fil-A, Aldi, Trader Joe’s, and Sam’s Club. This high-profile retail synergy reinforces the strength of the location and further supports long-term tenant demand.
As one of the nation’s leading auto repair operators—with 85+ years in business and more than 800 locations—Gerber Collision continues to demonstrate strong brand resilience and aggressive expansion across the U.S. Coupled with a corporate guarantee from the Boyd Group, this offering delivers a compelling combination of tenant credit, passive income, and strategic real estate fundamentals in one of Alabama’s fastest-growing markets.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$72,000
|
$10.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$10.20
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $10.20 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $10.20 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,057 SF
Building Class
C
Year Built
1979
Price
$1,000,000
Price Per SF
$141.70
Cap Rate
7.20%
NOI
$72,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
1.28 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-04-20-0-002-044.000 | Improvements Assessment | $40,300 (2025) |
| Land Assessment | $9,560 (2025) | Total Assessment | $49,860 (2025) |
Property Taxes
Parcel Number
14-04-20-0-002-044.000
Land Assessment
$9,560 (2025)
Improvements Assessment
$40,300 (2025)
Total Assessment
$49,860 (2025)
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Gerber Collision & Glass | Corp Guarantee | 2828 Jordan Ln NW
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